Pharis Energy Ltd was founded at The Steam Oil Production Company Ltd to develop the first offshore steam flood project in Europe. Pharis has been awarded licences containing the well appraised Pilot field as well as the Blakeney and other discoveries and is working to show that steam flooding is economic and that the technology will maximise economic recovery of heavy oil.

Pragma Well Technology Limited (Pragma) and Pharis Energy Ltd (Pharis) have signed an agreement to pursue the development of a high temperature downhole safety valve, or downhole steam injection valve (DSIV), in a project backed by the Oil & Gas Technology Centre.

When we founded The Steam Oil Production Company Ltd in 2014, we adopted the Ronseal approach to naming our company. We planned to steam flood the Pilot field, which we had just applied for in the 28th Seaward Licensing Round, and we named the company after our planned development approach.

The Steam Oil Production Company (“Steam Oil”) is pleased to announce that it has entered into a cooperation agreement with FluidOil, the independent international heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (“VHTL”) oil upgrading technology into an offshore steam flooding project.

On the 23rd of March 2017 the Oil and Gas Authority announced the results of the 29th Seaward Licensing Round. The Steam Oil Production Company had applied for four part blocks surrounding the Pilot field. We were delighted to learn that we are to be offered all the blocks we applied for and look forward to working with OGA and industry partners to progress a steam flood demonstration project on the Pilot field.

Steam Oil has a feature article in this month's edition of Offshore Magazine; just click on the cover page below to read the article which lays out for the first time some of our plans for a steam flood demonstration project on the Pilot field.

Finding Petroleum are hosting a conference on Finding & Exploiting new petroleum resources in Europe at the Geological Society in London on the 10th March. We are happy to be presenting our views on heavy oil development in the North Sea and the Western Platform Steamflood project at the meeting. The tag line for our talk is "Twice the oil in half the time".

The Steam Oil Production Company is pleased to announce that it has entered into a sale and purchase agreement with EnQuest Heather Ltd to acquire a 100% interest in Licence P1996, made up of blocks 28/2b and 28/3b, which cover the Elke and Narwhal discoveries. The transfer of the interest is subject to approval by the Oil & Gas Authority (OGA), which would also require OGA's approval of The Steam Oil Production Company Ltd as licence operator.

Elaine Maslin of Offshore Engineer recently interviewed Steve Brown and Greg Harding of The Steam Oil Production Company. The article is due to be published in the December edition of the magazine, however the full online version of the article can be read here.

Steam Oil's Technical Director Greg Harding presented our work on the thermal reservoir simulation of a steam flood of the Pilot oilfield at CMG's European Reservoir Simulation Technology Seminar which was held at the Royal Institution on the 5th of November 2015.

Steve Brown, CEO of The Steam Oil Production Company Ltd, presented the company's evaluation of the feasibility of implementing Europe's first offshore steam flood on the Pilot field at the DEVEX 2015 conference in Aberdeen in the closing session on the 21st May 2105. The presentation addressed head on the conventional wisdom that offshore steam flooding is not feasible due to excessive heat losses, and went on to show the potential for an incremental two billion bbls of recoverable oil from already discovered fields on the UKCS

The Steam Oil Production Company Ltd is pleased to announces the formal award of promote licence P2244 coverings blocks 21/27a and 28/2a. This award follows the announcement by DECC on the 6th November 2014 of offers of licences in the 28th licensing round. The start date of the licence is the 21st January 2015.

We formed this company to participate in the 28th Licensing round and we were delighted to be offered the block we applied for. But we are only just beginning our story, and we felt that we should start with a website, so that our potential partners, suppliers and contractors can learn more about us and indeed tell their friends and colleagues about The Steam Oil Production Company Ltd.

On the 6th of November the UK Government announced the results of the 28th Seaward Licensing Round. The Steam Oil Production Company had applied for two blocks 21/27a and 28/2a. We were delighted to learn that we are to be offered these blocks and look forward to working with DECC and industry partners to create a viable development plan for the Pilot and Harbour discoveries.